abrdn Global Income Fund, Inc. (FCO)
| Market Value | 74.99M |
| Revenue (ttm) | 5.37M |
| Net Income (ttm) | 8.64M |
| Shares Out | 12.54M |
| EPS (ttm) | 0.64 |
| PE Ratio | 9.29 |
| Forward PE | n/a |
| Dividend | $0.84 (14.05%) |
| Ex-Dividend Date | Dec 30, 2024 |
| Volume | 32,409 |
| Open | 5.99 |
| Previous Close | 5.92 |
| Day's Range | 5.92 - 5.99 |
| 52-Week Range | 4.73 - 6.32 |
| Beta | 0.60 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FCO
Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe. It primarily invests in fixed-income securities denominated in the Commonwealth currencies and global debt securities. The fund benchmarks the performance of its portfolio against a composite index comprised of 20% Bank of America Merrill Lynch... [Read more]
News
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have se...
PIMCO Cuts A Couple Of Distributions, Who Could Be Next?
RCS and PCM recently announced distribution cuts, and they were simultaneously trading at some hefty premiums to their NAV per share. We saw the usual outcome, which is a drastic sell-off as is often ...
abrdn Global Income Fund, Inc. Announces Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / September 11, 2024 / abrdn Global Income Fund, Inc (NYSE American:FCO) (the "Fund"), a closed-end fund, today announced it will pay on September 30, 2024, a distributio...
FCO To BWG: More To Go
We last covered FCO around 9 months ago; at that time, it appeared BWG was the better bet in this space. That has played out to some degree, with BWG showing better total share price returns during th...
CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions pe...
abrdn U.S. Closed End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / January 10, 2024 / The following abrdn U.S. Closed-End Funds (NYSE:ACP)(NYSE:AGD)(NYSE:AOD)(NYSE:ASGI)(NYSE:AWP) and (NYSE American:FAX)(NYSE American:FCO)(NYSE America...
FCO And BWG: A Swap Opportunity Presents Itself
The abrdn Global Income Fund is showing signs of an unsustainable high distribution rate and a high premium, which could lead to poor results. The BrandywineGLOBAL - Global Income Opportunities Fund o...
FCO: 50% Downside Is Possible In A Conservative Scenario
Distributions at over 20% of NAV? No Problem. At least that is the current mantra, offset by more and more issuance of units to gullible shareholders. FCO has returned less than 0.5% on NAV over the l...
Closed-End Fund: April 2023 Check On Valuation
Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experience...
FCO: Clearly Unsustainable Yield
FCO invests in global fixed-income securities to generate a high yield. The fund pays an attractive 14.7% forward distribution yield.
FCO: Global Fixed Income Fund, 18% Yield
FCO is a closed end fund from the Aberdeen family. The fund tends to invest in dollar debt from sovereign issuers and corporates.
FCO: Losses Proceed On Schedule
FCO was one of the easiest setups to identify as a strong sell. Yield chasing exercise had been taken to real extremes in this case.
Certain abrdn U.S. Closed-end Funds Announce Name Changes
PHILADELPHIA, PA / ACCESSWIRE / June 10, 2022 / The following abrdn U.S. Closed-End Funds (collectively, the "Funds") announced today that the Funds' respective boards have approved a name change for ...
Aberdeen Global Income: 14.79% Distribution Achieves Terminal Velocity
Aberdeen Global Income Fund has a hefty yield. The fund has not managed to deliver positive total returns.
Abrdn U.S. Closed-End Funds Announce Distribution Payment Details
PHILADELPHIA, PA / ACCESSWIRE / March 9, 2022 / The following abrdn U.S. Closed-End Funds announced today that the closed-end funds in the chart directly below will pay the distributions indicated on ...
FCO: An Ultimate Yield Trap With A 12.75% Bait
Aberdeen Global Income Fund has a giant double-digit yield.
Weekly Closed-End Fund Roundup: December 26, 2021
20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.
FCO: Bear Market In Greater Fools
Aberdeen Global Income Fund, Inc. was the worst-priced closed-end fund in fixed income. Poor return prospects alongside exceptionally high fees set this up to fall.
FCO: The Biggest Bubble In Fixed Income
Investors have shown little regard for risk in this market. We examine a closed end fund where the probability of zero total returns is as close to a certainty as we can find.
Aberdeen Global Income Fund, Inc. Files a Prospectus Supplement to the "Shelf" Registration Statement
PHILADELPHIA, PA / ACCESSWIRE / September 23, 2021 / Aberdeen Global Income Fund, Inc. (the "Fund") (NYSE American: FCO) (the "Fund"), a closed-end equity fund, has announced that it filed a prospectu...
Aberdeen Standard Investments Inc. Announces Release of U.S. Closed End Funds Monthly Factsheets
PHILADELPHIA, PA / ACCESSWIRE / July 27, 2021 / Please see below for links to each of the Aberdeen Standard Investments U.S. closed-end monthly factsheets including performance and portfolio compositi...